RRBs post all-time high net profit in FY24, boosting IPO prospects
Forty-three regional rural banks (RRBs) posted a consolidated net profit of ₹7,796 crore in FY24, up 26 per cent from
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Category: Banking & Financial Services
RBL Bank launches limited-period 500-day FDs, offering 8% plus interest
RBL Bank has launched a limited-period special edition of ‘Vijay Fixed Deposits’, offering 8 per cent plus interest on fixed
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ICICI Lombard enters into 7 new bancassurance partnerships with various banks, NBFCs
ICICI Lombard General Insurance has teamed up with seven different financial institutions for bancassurance partnerships. The move is expected to
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Canara Bank disburses ₹18 crore in scholarships to advance educational opportunities
Public-sector Canara Bank on Thursday, organised scholarship distribution camps across the country. The initiative involved 177 Regional Offices and 26
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Finance Minister Sitharaman to review the performance of PSBs on August 19
Finance and Corporate Affairs Minister Nirmala Sitharaman will review the performance of Public Sector Banks (PSBs) on August 19. This will
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UBS to liquidate real estate fund on office market woes
UBS Group AG will liquidate a flagship real estate fund in the latest sign of the turmoil caused by investors
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SBI ups MCLR across all tenors by 10 bps
State Bank of India (SBI) has upped its Marginal Cost of Funds-based Lending Rate (MCLR) across all tenors by 10
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Muthoot Fincorp posts 65% rise in net profit to ₹181 crore in Q1 FY25
Muthoot FinCorp Ltd has posted a 65 per cent growth in its standalone net profit totalling ₹181.17 crore in Q1
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Karnataka Bank partners with Navi to launch ‘Credit Line on UPI’
Karnataka Bank has announced the launch of ‘Credit Line on UPI’. The bank will be offering ‘Credit Line on UPI’
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Tweaks in PMAY to benefit affordable housing finance companies
The incremental changes in the Pradhan Mantri Awas Yojana as well as the updated interest subsidy scheme is seen benefiting
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